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DirecTV loan - Big deals: following the money - Brief Article
South Florida CEO, July, 2003
* Fort Lauderdale-based DirecTV Latin America--which is in Chapter 11 bankruptcy protection--has secured a $300 million line of credit from Hughes Electronics Corp., the majority owner of the company. The loan, which was approved by federal bankruptcy court, will be used to finance the company until it emerges from bankruptcy.
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